2M, HMM Officially Launch Cooperation Deal

The heads of Maersk Line, Mediterranean Shipping Company (MSC) and Hyundai Merchant Marine (HMM) signed an agreement on March 15 thereby officially launching the parties’ strategic cooperation on East-West trades.

Long Beach Commission Mulls MSC’s Offer

The Long Beach Board of Harbor Commissioners held a meeting yesterday to consider Mediterranean Shipping Company’s (MSC) proposal to take over a majority stake in a long-term lease to operate the largest container terminal in the Californian port.

HMM, 2M to Look at Other Cooperation Possibilities

After some five months of talks with South Korea’s shipping firm Hyundai Merchant Marine (HMM) on the possibility of HMM to join the world’s largest alliance 2M, the parties have now decided “to look at other cooperation possibilities.”